IPO

Earlier, India's largest bourse had said that the valuation and final size of the IPO will be determined only after the merchant bankers are appointed.

The National Stock Exchange appoints an unprecedented 20 merchant bankers for its IPO, shattering ICICI Prudential's previous Dalal Street record.

SBI Fund Management must file its IPO papers by March to avoid costly audit delays for its Rs 13,000 crore offering.

Grey market premium for Rajputana Stainless IPO stands at Rs 1, suggesting a listing price of Rs 123 and a potential gain of around one percent for investors.

Rajputana Stainless IPO share allotment delayed to March 17 after SEBI allowed investors a three-day bid withdrawal window due to promotional material circulation.

The NSE Nifty 50 dropped 1.6% to settle below the 23,900 mark, while the BSE Sensex fell more than 1,300 points to close marginally above 76,863.

The company has fixed a price band of Rs.116 to Rs.122 per share. Investors can apply in a minimum lot of 110 shares and in multiples thereof.

Hyderabad-based Innovision provides manpower services, with a focus on managing large-scale toll plaza operations and offering private security services to clients.

India's alternative investment fund industry has grown rapidly in recent years. Now the market regulator is preparing the next phase of oversight as private capital plays a larger role in the economy.

Sedemac Mechatronics IPO Listing: The scrip opened at Rs 1,535 on the NSE, 13.5% higher than the issue price of Rs 1,352.

This will be the first share sale at Gujarat International Finance Tec-City, India's IFSC, under the regulatory framework of the International Financial Services Centres Authority (IFSCA).

The Nifty 50 rose 0.97% to settle at 24,261.60, while the Sensex ended 0.82% higher at 78,206.Both indices traded higher through the session.

To participate in the IPO, retail investors need to bid for a single lot size of 27 shares, requiring an investment of Rs 14,796.

The equity shares are proposed to be listed on the National Stock Exchange of India Ltd and BSE Ltd.

The Nifty 50 closed 1.74% lower near the 24,000 mark, while the Sensex ended nearly 1,400 points lower around 77,500 after a volatile trading session. Crude prices had earlier spiked close to $120 per barrel in the largest intraday jump on record before easing from the highs later in the session.

Innovision is a provider of manpower services. Its expertise lies in managing large-scale toll plaza operations and private security services.

SEDEMAC Mechatronics shares are set to list on NSE and BSE on March 11, with grey market trends indicating a flat to discounted listing for investors.

The market regulator's greenlight has paved the way for these players to make their D-Street debuts in the coming months.

On Friday, the benchmark indices resumed rout after a breather on Thursday. Sensex fell over 1,000 points and the Nifty settled near 24,450.

Rajputana Stainless IPO: The Rs 255-crore IPO will remain open for subscription from March 9 to March 11.